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RES NO 02-02-2010 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. A 2010 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION TO AUTHORIZE THE POLICE DEPARTMENT TO DISPOSE OF AND /OR REMOVE CERTAIN ASSETS FROM THE CITY OF VAN BUREN'S FIXED ASSET INVENTORY, BY SUCH METHODS AS AUTHORIZED UNDER THE LAW. WI-IEREAS, the City of Van Buren Police Department has certain assets on its Fixed Asset Inventory list which are obsolete, and /or beyond repair, and are no longer cost effective, so as to no longer be needed by the City; and WHEREAS, the City of Van Buren Police Department has on its fixed asset list numerous property that is below the $1,500 value required to be maintained as a fixed asset, as set out in Exhibit "A" attached hereto, including property maintained on other lists, that should be removed from the Fixed Asset Inventory list to improve efficiency in record keeping for the city; and WHEREAS, said items or item should be disposed of in accordance with state law, A.C.A. 14 -58 -306, and be removed from the City's Fixed Asset Inventory. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS THAT: SECTION 1: The Mayor and City Clerk are hereby authorized to remove the following asset from the Fixed Asset Inventory and to dispose of same by transfer to the designated governmental agency herein: Receiving Agency Book Value Description of Inventory Control Crawford County Sheriff 7,731.36 Intoximeter EC /IRII PD -685 SECTION 2: The Mayor and City Clerk are further hereby authorized to remove the attached list of assets (Exhibit "A which have book values of less than $1,500.00, from the City's Fixed Asset Inventory list. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of for and 0 against foregoing Resolution at its regular monthly meeting held on the 22n day of February, 2010. elk Robe D. Free Ft ATTESTED: Barbie Curtis, City Clerk /Treasurer